business / news / / Times of India
LPG prices have recently been raised for the third time and by Rs 933.
Commercial LPG cylinder prices have increased for the third time, rising by Rs 933 recently.
KEY POINTS
- Speciality Restaurants faces a monthly increase of Rs 14 lakh in LPG cylinder costs.
- Food cost percentage due to LPG cylinders is increasing from 10% to up to 15% for restaurants.
- Some FMCG companies like Gopal Snacks have taken selective price hikes despite shifting away from LPG.
- Restaurants and packaged food companies are now planning imminent price hikes to maintain viability.
COMPANIES
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